Quotes About Fed

He spoke with expertise, but perhaps also from a perspective influenced by his post-Fed positions.

the stigma associated with borrowing from the Fed.

but nothing would please me more than being able to get the Fed out of the bailout business.

had been lobbying aggressively against enhancing the Fed's authority.

Refugees come from many different backgrounds and live in many different circumstances, so I wouldn't like to generalise. But I think refugees from the U.K. would probably be healthier and better fed than those from many other countries.

The Fed has been acting in rare concert with central banks worldwide to encourage borrowing and spending - and risk. And because all the new money being unleashed has to flow somewhere, it's been flowing, among other places, into the equity markets.

Once an economy reaches a certain level of acceleration... the Fed is no longer with you... The Fed, instead of trying to get the economy moving, reverts to acting like the central bankers they are and starts worrying about inflation and things getting too hot.

Alan Greenspan is the worst Chairman of the Fed in history.

I think the Fed is not designed to have effective tools to deal with the economy. It should settle for just controlling the money supply. And - if it insists, it can worry about inflation.

I will be the first to say that it is always difficult to get monetary policy just right. But the Fed's analytical prowess is top-notch, and our forecasting record is second to none.

I wish wish I could steal the intricacies of language. But give my kids a break—remember, most of them were fed on Steinbeck's The Pearl.

People have been scared off Bitcoin by the fact that you needed to put your money in an unregulated overseas platform that has been cut off by banks and scrutinized by the Fed. We are looking to remove the pain points and create a way to invest that is faster and more secure.

True enough, the Fed needs radical reforms. In particular, it needs to replace its failed forecasting models and be rid of the academics who overwhelm the Fed system.

The Fed's independence is critical.

Stop them, stop them!" he would shout. "Those Whateleys meant to let them in, and the worst of all is left! Tell Rice and Morgan we must do something—it's a blind business, but I know how to make the powder… It hasn't been fed since the second of August, when Wilbur came here to his death, and at that rate…

Talent might be a gift but it still has to be cultivated. The imagination is like a fire or furnace: it has to be stoked, fed and attended to. One thing sets another ablaze. Keep it going.

All armies, be they mechanized or mountain guerilla, have to abide by three basic restrictions: they have to be bred, fed, and led.

In 1936, money had no important role. Interest rates were one-eighth of one-eighth of one per cent. I did some research, and I found that the interest on one million dollars of ninety-day Treasuries was $37. People didn't even bother to collect it. The Fed wasn't important.

In 2006, the Congress had approved plans to allow the Fed, beginning in 2011, to pay interest on banks' reserve balances. In the fall of 2008, the Congress moved up the effective date of this authority to October 2008.

And let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank lending and bank issuances of liability.

Paying interest on reserve balances enables the Fed to break the strong link between the quantity of reserves and the level of the federal funds rate and, in turn, allows the Federal Reserve to control short-term interest rates when reserves are plentiful.

My proposal that Fed governors should signal their commitment to public service by wearing Hawaiian shirts and Bermuda shorts has so far gone unheeded.

Food and energy account for a significant portion of household budgets, so the Federal Reserve's inflation objective is defined in terms of the overall change in consumer prices.

The central focus of what we are doing at the Fed is to keep inflation from accelerating - and preferably decelerating.